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SK Hynix rises to over 2-decade highs as parent group plans data center

Illustration of the SK Hynix Company logo displayed on the smartphone screen.

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South Korea’s shares in SK Hynix expanded the earnings that would reach more than 2 ten years on Tuesday after the weekend reports, when SK Group plans to establish the largest AI data center in the country.

SK Hynix shares, which increased by about 50% behind a AI explosion this year, increased by about 3% after the gains on Monday.

According to the domestic media, the company’s parent Sk Group plans to create AI Data Center jointly with the Amazon Web Services in Ulsan. SK Telecom and SK Broadband have pioneered the initiative with the support of other affiliated organizations, including SK Hynix.

SK Hynix is ​​a dynamic random access memory or a leading supplier of drama – a type of semiconductor memory on PCs, workstations and servers used to store data and program code.

The company’s drama rival Samsung increased by 4% on Tuesday. However, the growth fell behind SK Hynix.

On Friday, Samsung Electronics’ market value reported The lowest level of 9 years has won 345.1 trillion ($ 252 billion), while struggling to benefit from the demand led by Chipmaker AI.

On the other hand, it became a leader in high bandwidth memory that supplies customers such as SK Hynix, AI Behemoth Nvidia – a type of drama used in artificial intelligence servers -.

A report In April, the counterpoint research, SK Hynix in the first quarter of the HBM market 70% of the revenue share, he said.

This HBM power helped Samsung for the first time with a 36% global market share compared to Samsung’s 34%.

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